GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Mabuhay Vinyl Corp (PHS:MVC) » Definitions » Cyclically Adjusted PB Ratio

Mabuhay Vinyl (PHS:MVC) Cyclically Adjusted PB Ratio : 1.18 (As of Sep. 25, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Mabuhay Vinyl Cyclically Adjusted PB Ratio?

As of today (2024-09-25), Mabuhay Vinyl's current share price is ₱4.93. Mabuhay Vinyl's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ₱4.18. Mabuhay Vinyl's Cyclically Adjusted PB Ratio for today is 1.18.

The historical rank and industry rank for Mabuhay Vinyl's Cyclically Adjusted PB Ratio or its related term are showing as below:

PHS:MVC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.48   Max: 1.97
Current: 1.12

During the past years, Mabuhay Vinyl's highest Cyclically Adjusted PB Ratio was 1.97. The lowest was 0.98. And the median was 1.48.

PHS:MVC's Cyclically Adjusted PB Ratio is ranked better than
65.67% of 973 companies
in the Chemicals industry
Industry Median: 1.57 vs PHS:MVC: 1.12

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Mabuhay Vinyl's adjusted book value per share data for the three months ended in Jun. 2024 was ₱5.804. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₱4.18 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mabuhay Vinyl Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mabuhay Vinyl's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mabuhay Vinyl Cyclically Adjusted PB Ratio Chart

Mabuhay Vinyl Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.68 1.39 1.55 1.49

Mabuhay Vinyl Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.38 1.59 1.49 1.32 1.08

Competitive Comparison of Mabuhay Vinyl's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Mabuhay Vinyl's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mabuhay Vinyl's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mabuhay Vinyl's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mabuhay Vinyl's Cyclically Adjusted PB Ratio falls into.



Mabuhay Vinyl Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Mabuhay Vinyl's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.93/4.18
=1.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mabuhay Vinyl's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Mabuhay Vinyl's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=5.804/132.5538*132.5538
=5.804

Current CPI (Jun. 2024) = 132.5538.

Mabuhay Vinyl Quarterly Data

Book Value per Share CPI Adj_Book
201409 2.057 100.428 2.715
201412 2.070 99.070 2.770
201503 2.156 99.621 2.869
201506 2.132 100.684 2.807
201509 2.156 100.392 2.847
201512 2.150 99.792 2.856
201603 2.186 100.470 2.884
201606 2.167 101.688 2.825
201609 2.204 101.861 2.868
201612 2.311 101.863 3.007
201703 2.328 102.862 3.000
201706 2.298 103.349 2.947
201709 2.370 104.136 3.017
201712 2.488 104.011 3.171
201803 2.596 105.290 3.268
201806 2.675 106.317 3.335
201809 2.875 106.507 3.578
201812 3.307 105.998 4.136
201903 3.479 107.251 4.300
201906 3.535 108.070 4.336
201909 3.660 108.329 4.478
201912 3.776 108.420 4.617
202003 3.931 108.902 4.785
202006 3.916 108.767 4.772
202009 4.036 109.815 4.872
202012 4.165 109.897 5.024
202103 4.294 111.754 5.093
202106 4.306 114.631 4.979
202109 4.396 115.734 5.035
202112 4.576 117.630 5.157
202203 4.738 121.301 5.178
202206 4.770 125.017 5.058
202209 4.910 125.227 5.197
202212 5.109 125.222 5.408
202303 5.280 127.348 5.496
202306 5.379 128.729 5.539
202309 5.564 129.860 5.679
202312 5.628 129.419 5.764
202403 5.770 131.776 5.804
202406 5.804 132.554 5.804

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Mabuhay Vinyl  (PHS:MVC) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Mabuhay Vinyl Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Mabuhay Vinyl's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mabuhay Vinyl Business Description

Traded in Other Exchanges
N/A
Address
169 H.V. Dela Costa Street, 22nd Floor, The Salcedo Towers, Salcedo Village, Makati City, PHL, 1227
Mabuhay Vinyl Corp is a Philippines based Chlor-Alkali chemical producer. It focuses on manufacturing and distributing basic and intermediate chemicals. Some of its products are caustic soda, hydrochloric acid, sodium hypochlorite and chlorine which are widely used in diversified industries. The Group considers the manufacturing and distribution of basic and intermediate chemicals as its business activity and only operating segment.